News of development

Vaccine development

Argentina joins the world race to develop a coronavirus vaccine

02-06-2020 13:05 Argentine scientists take first steps in developing an oral formulation to prevent infection from SARS-CoV-2. It will be the first initiative of its kind in Latin America.

by Enrique Garabetyan

Coronavirus pandemic

Argentina secures US$4-billion loan from Development Bank of Latin America

06-05-2020 17:58 The government has confirmed that it has secured a US$4-million loan from the Development Bank of Latin America (CAF) to assist its efforts to tackle the coronavirus pandemic.

MINISTRY POSITIONS

Social policy collides with scandal

11-04-2020 10:42 Born in the Greater Buenos Aires district of Morón, Social Development Minister Daniel Fernando Arroyo has made social policy his exclusive focus since starting his university studies (UBA) more than three decades ago.

by Michael Soltys

LATAM & THE PANDEMIC

IDB: Latin America’s GDP could slump by 5.5% this year

11-04-2020 09:50 Argentina’s economy will shrink between five and seven percent, according to predictions, compared to projections of a 1.5% drop before the Covid-19 outbreak.

Food-purchase scandal

Government under fire for overpaying on food purchases

07-04-2020 17:12 Social Development Minister Daniel Arroyo asks official responsible for overpaying for foodstuffs to resign, amid fierce criticism from opposition.

Bloomberg

Brazil, Argentina compete Inter-American development bank top job

04-03-2020 16:50 Brazil is pushing for its own candidates to lead the Inter-American development bank, competing with Argentina; a decision will likely come between July and September.

Bloomberg

Top Trump official eyed for Inter-American Development Bank

17-02-2020 08:08 Mauricio Claver-Carone, the senior director of the NSC for Western Hemisphere Affairs, is being considered for the executive vice-president’s job at the IDB, according to reports.

Bloomberg

US to prioritise Brazil over Argentina in OECD reversal

15-01-2020 09:06 Washington to tell OECD officials that US now prioritises Brazil's bid for membership, rather than Argentina's.

ARGENTINE PONTIFF

Pope demands tech companies prevent kids from viewing porn

14-11-2019 12:45 Pope says tech companies should assume a moral responsibility to protect young people from what he said were the ruinous effects of pornography on their emotional and sexual development.

AS I SEE IT

Development is no longer what it used to be

26-10-2019 13:01 To avoid getting left behind, countries whether big or small have no choice but to do whatever they can to encourage not only the outlandishly talented but also the many who can help them achieve their goals.

by James Neilson

BLOOMBERG

US turns down Brazil’s OECD bid, despite having endorsed it

10-10-2019 12:27 US government decides not to endorse Brazil’s bid to join the Organisation for Economic Cooperation and Development, marking a reversal after months of public support from top officials. However, Washington indicates it does support membership claims from Argentina and Romania.

PAYMENTS

Difficult to find 'quick path forward' for Argentina, says IMF

26-09-2019 15:21 IMF officials refused to say Thursday when it will disburse last US$5.4 billion of loan to Argentina that was originally planned for mid-September, as reports suggest World Bank and Inter-American Development Bank may also delay payments.

Global economic outlook

OECD: Trade tensions slam brakes on global economy

19-09-2019 09:41 In an update to its economic forecasts from May, the Organisation for Economic Co-operation and Development cuts global growth forecast for year to 2.9%, predicts 2.7% contraction for Argentina.

FROM A GLOBAL PERSPECTIVE

Low-profile flow of funds: Inter-American Development Bank and Argentina

14-09-2019 00:41 The world’s biggest regional development bank, the BID is unusually homogenous for an international organisation with only four official languages and four presidents over its six decades.

by Michael Soltys